Millington Financial Advisors LLC Has $10.31 Million Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Millington Financial Advisors LLC cut its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 221,137 shares of the company’s stock after selling 1,840 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 8.3% of Millington Financial Advisors LLC’s portfolio, making the stock its 2nd largest position. Millington Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,312,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Red Tortoise LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% during the third quarter. Red Tortoise LLC now owns 68,424 shares of the company’s stock valued at $2,823,000 after acquiring an additional 243 shares during the last quarter. Glass Jacobson Investment Advisors llc raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.9% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 13,399 shares of the company’s stock valued at $625,000 after acquiring an additional 251 shares during the last quarter. TAP Consulting LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.6% during the third quarter. TAP Consulting LLC now owns 42,097 shares of the company’s stock valued at $1,737,000 after acquiring an additional 261 shares during the last quarter. Advisors Capital Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.6% during the third quarter. Advisors Capital Management LLC now owns 18,608 shares of the company’s stock valued at $768,000 after acquiring an additional 291 shares during the last quarter. Finally, Strategic Blueprint LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.9% during the third quarter. Strategic Blueprint LLC now owns 8,054 shares of the company’s stock valued at $332,000 after acquiring an additional 300 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.7 %

Shares of NYSEARCA:SPYV traded up $0.35 during midday trading on Tuesday, hitting $48.56. 1,527,809 shares of the stock traded hands, compared to its average volume of 2,675,751. The stock has a market capitalization of $20.81 billion, a PE ratio of 23.06 and a beta of 0.88. The business’s 50 day moving average is $48.54 and its two-hundred day moving average is $45.91. SPDR Portfolio S&P 500 Value ETF has a one year low of $39.51 and a one year high of $50.20.

SPDR Portfolio S&P 500 Value ETF Company Profile

SPDR S&P 500 Value ETF (the Fund), formerly SPDR Dow Jones Large Cap Value ETF, seeks to closely match the returns and characteristics of the S&P 500 Value Index. The S&P 500 Value Index measures the performance of the large-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P 500 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio.